Multiple Choice
In the simplest circular-flow model,households supply _____ and demand _____.
A) capital;barter
B) wages and income;capital markets
C) factors of production;goods and services
D) firms;markets
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"
Q2: Fertilizer,used to grow pumpkins,is a factor of
Q3: Because Casey can type reports faster and
Q5: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"
Q6: Economists may disagree about policies because they:<br>A)approach
Q7: Use the following to answer question: <img
Q8: Which statement is normative?<br>A)Women's labor force participation
Q9: The circular-flow diagram illustrates how households _
Q10: Use the following to answer question: <img
Q11: The concept of comparative advantage is based